Bhagyanagar India allots 15 lakh shares at Rs 348 to 7 investors

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BHAGYANGR · price

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Price reactionminutes from the announcement price · days from the prior close

-2.3%Reaction day

₹379.00

prior close

₹371.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.2%-2.4% vs market

On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.1

10m

-0.0

15m

+0.0

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-2.3+0.2-2.4

Next day

-4.1+0.2-4.3

+0.9+0.4+0.6

+6.0+0.7+5.2

+0.5+0.1+0.4

+2.1+0.7+1.4

+2.4+1.2+1.2

15d

-1.3+0.7-2.0

+7.4-1.2+8.6

-87.4-1.1-86.2

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bhagyanagar India allotted 15,01,434 equity shares at Rs 348 each (face value Rs 2, premium Rs 346) to 7 non-promoter investors, raising about Rs 52.25 crore. Allottees include LC Pharos Multi Strategy Fund, Niveshaay Hedgehogs Fund and Ashika Global Finance as QIBs, plus 4 non-QIB investors. Approved by shareholders at an EGM on July 23, 2026.

Likely market impact

Equity dilution of about 15 lakh shares to non-promoters. Rs 52.25 crore raised strengthens balance sheet. No debt or warrants involved.